X Y and Z are partners sharing profits in 5 3 2 ratio from 1st January 2016 they decide to share profits and losses in 2 5 3 ratio the Goodwill is valued at 54000 at the time of change give the necessary single adjusting entry to record the above transaction

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04-09-2022
Mathematics

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X Y and Z are partners sharing profits in 5 3 2 ratio from 1st January 2016 they decide to share profits and losses in 2 5 3 ratio the Goodwill is valued at 54000 at the time of change give the necessary single adjusting entry to record the above transaction

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